Last Updated on
There was an interesting article in the New York Times yesterday that makes mention of the fact that many plumbing contractors/owners these days defy the typical stereotypes, both in business savvy and earnings. Money quote:
“Long the object of putdowns and distasteful humor — Mr. Breslaw cited the classic “If you don’t go to high school, guess what you become?” — plumbers are, in many cases, exceedingly well paid. Mr. Breslaw said that one of his top men “clears two, maybe two-and-a-quarter” every year. He even paraphrased Einstein: “If I had my life to live over again, I’d be a plumber.”
Keep in mind that this is an employee earning over $200,000 a year. Can you imagine how much the owners of the company are making? The public often looks at contractors or service providers as uneducated, poorly-paid hacks, but this couldn’t be further from the truth for millions of sharp, nice-car driving, no-debt carrying small business owners all across this country who make a lot of money. You can get mad about these false assumptions or you can accept them and understand that they set the stage for less competition and better opportunities for you to get in the game and start taking a piece of the pie.